SG Web Reviews is pleased to conduct another interview with BullionStar Singapore on gold investments.
SWR: Recently, gold prices has dipped quite a lot. In your view, do you think its only a correction or the start of a bear trend for gold?
Many relate the slump in gold prices due to the recovering US economy and news that the Feds are easing on their QE programs. Other factors include China, being a net importer of gold, not performing as well economically as expected and Cyprus selling its gold reserves to clear its debts. However, as investors are dumping "paper" gold in the market, we are experiencing a completely opposite environment here in the physical precious metals market. People are rushing in to buy physical precious metals to take advantage of the low prices right now to the extent that the mints/refineries are not producing enough to meet demands. We ...SWR: Recently, gold prices has dipped quite a lot. In your view, do you think its only a correction or the start of a bear trend for gold?